GBPCHF : According to the Ministry of Construction, Pandora Gro

Danish Ambassador to Vietnam Mr. Nicolai Prytz said that recently, the Group and the Vietnam - Singapore Industrial Park Joint Venture Company (VSIP) signed an investment cooperation agreement to build a jewelry factory in Da Nang. VSIP III industrial park (Tan Uyen town, Binh Duong province). Accordingly, Pandora Group will build the project with a total investment of about 100 million USD.

This factory will be a manufacturing facility built according to LEED Gold green building standards, using 100% renewable energy. The project will create jobs for more than 6,000 craftsmen with an annual capacity of about 60 million jewelry products. Headquartered in Copenhagen, Denmark, Pandora is a brand specializing in the design, manufacturing, and marketing of handmade jewelry products.

As for Pandora Group, program director and financial controller Michael Zink Jensen said the factory is expected to be operational in 2025 and construction should take place in 2024. However, a company called Pandora Group is currently having difficulties with the building permit process. As a result, the project's completion date will be delayed until 2026. Time changes can impact the group's project delivery process.
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